Chartis: Forming FRTB action plans: Tactical vs. Transformational
The formal phase of consultations between banks and regulators on FRTB has ended, and the biggest change to market risk capital requirements in over a decade has been finalized. Now banks are in a race against the regulatory deadline, and must choose the most efficient path to overhaul their risk management infrastructure and adapt their business strategies.
Over 100 banks worldwide were surveyed and interviewed by Chartis; many are uncertain that current efforts to meet these challenges
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